More from Renaissance Capital
Referenced Stocks

Peregrine Semiconductor sets terms for $83 million US IPO

By Renaissance Capital,  July 25, 2012, 02:21:31 PM EDT

Peregrine Semiconductor, a fabless provider of radio frequency integrated circuits used in a variety of wireless applications, announced terms for its IPO on Wednesday. The San Diego, CA-based company plans to raise $83 million by offering 5.5 million shares (3% insider) at a price range of $14.00 to $16.00. At the midpoint of the proposed range, Peregrine Semiconductor would command a fully diluted market value of $538 million.

Peregrine Semiconductor, which was founded in 1990 and booked $142 million in sales for the 12 months ended June 30, 2012, plans to list on the NASDAQ under the symbol PSMI. Deutsche Bank Securities and J.P. Morgan are the joint bookrunners on the deal.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, IPOs

Referenced Stocks: PSMI



Latest News Video

Technologists See Apps as the Answer to Asia's Problems
Technologists See Apps as the Answe...
Police Killed Hofstra Student, Authorities Say
Police Killed Hofstra Student, Auth...
Pakistanis Head Back to Polls
Pakistanis Head Back to Polls       


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.43 0.07  0.52%
CSCO $ 24.24 0.35  1.48%
MSFT $ 34.87 0.79  2.32%
F $ 15.08 0.44  3.01%
ARUN $ 13.10 4.51  25.61%
SIRI $ 3.50 0.05  1.45%
GE $ 23.46 0.19  0.82%
S $ 7.32 0.04  0.55%